Delivery of Valuations. (a) The Borrower will from the Delivery Date procure one valuation of the Vessel per annum from two of the Approved Valuers prepared in accordance with Clause 18.1 (Valuation).
Appears in 3 contracts
Samples: Credit Agreement, Agreement (Teekay LNG Partners L.P.), Agreement (Teekay LNG Partners L.P.)
Delivery of Valuations. (a) The In respect of a Vessel, the Borrower will from the Delivery Date of such Vessel procure in favour of the Facility Agent one valuation of the Vessel per annum from two of the Approved Valuers prepared in accordance with Clause 18.1 19.1 (Valuation).
Appears in 1 contract
Samples: Agreement (Danaos Corp)
Delivery of Valuations. (a) The Borrower will from the Delivery Drawdown Date procure one valuation of the Vessel per annum from two one of the Approved Valuers prepared in accordance with Clause 18.1 19.1 (Valuation).
Appears in 1 contract
Samples: Agreement (Teekay LNG Partners L.P.)
Delivery of Valuations. (a) The In respect of a Vessel, the Borrower will from the Delivery Date of such Vessel procure one valuation of the Vessel per annum from two of the Approved Valuers prepared in accordance with Clause 18.1 17.1 (Valuation).
Appears in 1 contract
Samples: Agreement (Danaos Corp)
